Merit Functional Foods, Nestlé ink development deal for novel plant protein ingredients
Merit Functional Foods and its technology partner Burcon NutraScience said they entered a joint development agreement (JDA) with Nestlé. The goal of the joint agreement is to develop and commercialize Merit’s novel plant protein ingredients for use in Nestlé’s plant-based foods and beverages.
The joint agreement commences a long-term relationship among the parties, covering Merit’s novel proteins. Merit expects by the fourth quarter of this year to construct and open its commercial-scale production facility in Winnipeg, Manitoba.